Auric Reference Crucible [JOAT]

Auric Reference Crucible [JOAT]

Introduction

Auric Reference Crucible is an open-source reference-price state engine. It tracks daily open, weekly open, monthly open, and previous close, then classifies how price behaves around each anchor.

The indicator is built for traders who use opening prices and prior closes as decision levels but want a structured way to separate untouched levels, tests, reclaims, rejections, and active control.



Core Concepts

1. Multi-Timeframe Reference Anchors
Daily, weekly, and monthly opens are tracked as higher-timeframe anchors. Previous close is tracked separately. Each reference can be enabled or disabled.

2. Anchor State Classification
Each reference is classified by interaction state: untouched, touched, tested, reclaimed, rejected, or active control. This creates a state machine instead of a static horizontal-line tool.

3. ATR Touch and Reaction Bands
ATR defines touch distance and reaction band thickness so levels adapt to each symbol's current volatility.

4. Control Score
The script scores anchors using state, distance, pressure, and reaction behavior. The strongest anchor becomes the active control reference.

5. Reclaim and Reject Execution Zones
When the active reference and confirmation logic agree, the script can draw compact long or short execution rails with entry, stop, TP1, and TP2.

Features

• Daily, weekly, monthly, and previous close references: Core anchors used for session and swing context.
• Reference state machine: Tracks touch, test, reclaim, and reject behavior.
• Dominant control anchor: Scores references so the most relevant level is emphasized.
• ATR reaction bands: Volatility-adjusted zones around active references.
• Confirmed state changes: Optional confirmed-bar logic reduces intrabar repaint risk.
• Execution rails: Optional long/short plans with stop and target references.
• Fade untouched anchors: Keeps inactive references less visually dominant.
• Dashboard: Shows anchor state, bias, and control information.
• Alerts: Anchor touch, reclaim, reject, long crucible, and short crucible.

Input Parameters

References: Show Daily Open, Show Weekly Open, Show Monthly Open, Show Previous Close.

Signals: Touch Zone ATR, Reaction Band ATR, Reclaim Confirmation Bars, Wick Rejection Multiple, Confirmed-Bar State Changes.

Execution and Visuals: Trend Filter EMA, Pressure Window, Minimum Control Score, Stop ATR, TP1 R, TP2 R, Execution Cooldown Bars, Stored Setup Zones, Reaction Bands, Dashboard, Execution Rails, Signal Zones, Reference Price Tags.

How to Use This Indicator

Step 1: Identify the active reference
Start with the dashboard. It shows which anchor is currently most relevant and whether price is treating that anchor as bullish, bearish, or neutral.

Step 2: Watch reclaim and reject states
A reclaim means price moved back through a reference with confirmation. A reject means price tested the area and failed to hold through it.

Step 3: Use execution rails after confirmation
When a long or short crucible appears, use the plotted entry, stop, and target references as a structured review plan.

Indicator Limitations

• Higher-timeframe opens update according to exchange/session boundaries.
• Reference levels are context zones, not automatic entries.
• ATR bands widen during volatility expansion and narrow during quiet periods.
• Confirmed-bar mode means some state changes appear after the bar closes.

Originality Statement

Auric Reference Crucible is original in its reference-state approach. It does not simply plot opens and closes; it classifies anchor behavior, scores active control, adapts reaction zones with ATR, and optionally converts confirmed reclaim/reject behavior into structured execution rails.

Disclaimer

This script is provided for educational and informational purposes only. It is not financial advice and should not be treated as a recommendation to buy or sell. Reference prices can fail, especially during news, gaps, and thin liquidity. Use proper risk management.

Made with passion by jackofalltrades